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Stock Market & Financial Investment News

News Breaks
September 18, 2012
06:09 EDTBA, MS, MDTOn the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: Political pressures in the U.S. and China are straining ties between the two world powers. President Obama is asking the WTO to rule that Beijing is illegally subsidizing autos and auto parts. Chinese leaders are under internal pressure to appear tough and please the military during China's leadership transition which begins this fall. They are facing off with Japan and other regional powers over ownership of several Pacific islands. And, some major Japanese companies closed factories in China following an outbreak of anti-Japan demonstrations over the weekend, the Wall Street Journal reports...The union representing engineers and technicians at Boeing (BA) recommended that members reject a new contract offer outlined last week, increasing tensions with management ahead of the current deal's expiration on October 6, the Wall Street Journal reports...REUTERS: A U.S. regulation--the Volcker rule-- that limits how much of its own capital a bank can put at risk is causing headaches for Morgan Stanley (MS) as it prepares to raise a new multi-billion-dollar global infrastructure fund, sources say, Reuters reports...Tokyo Electric Power is in advanced talks to secure LNG supplies from North America and help reduce high import prices as Japan reduces reliance on nuclear power after the Fukushima disaster, Reuters reports...BLOOMBERG: Oil’s decline continued after the biggest drop in two months on speculation that a slowing U.S. economy may curb fuel demand, Bloomberg reports. Futures fell as much as 0.7% in New York on top of a 2.4% decline in the previous session. Crude fell over $3 in less than a minute yesterday as October options were about to expire...Medtronic (MDT) is seeking pharmaceutical industry partners to couple the company’s pump technology with Alzheimer’s medicines that may be more effective if pushed directly into the brain, Bloomberg reports.
News For BA;MS;MDT From The Last 14 Days
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May 23, 2013
11:08 EDTBABoeing reports 107 new orders in weekly update
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07:55 EDTBABoeing price target raised to $120 from $100 at BofA/Merrill
BofA/Merrill raised Boeing's price target to reflect higher delivery forecasts for the 737 and 787. Shares are Buy rated.
06:29 EDTBASoftware firm Luxoft files for IPO in New York, Bloomberg reports
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05:51 EDTBAChina approves commercial service for Boeing 787 Dreamliner, WSJ reports
China's aviation regulator gave approval for Boeing's 787 Dreamliner aircraft to begin commercial service with the nation's airlines, sources say, reports the Wall Street Journal. Reference Link
05:43 EDTBABoeing price target raised to $120 from $105 at Deutsche Bank
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05:40 EDTMDTMedtronic CoreValue system gains CE mark for transcatheter VIV procedures
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05:38 EDTMDTMedtronic's In.Pact Falcon yields positive outcomes in small coronary arteries
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May 22, 2013
13:02 EDTMSMorgan Stanley seeks $4B for infrastructure fund, Bloomberg reports
Morgan Stanley's infrastructure investment unit is planning to raise $4B for a second global fund, according to Bloomberg, citing sources. Morgan Stanley and other investment firms are targeting billions of dollars worldwide earmarked for public infrastructure projects, Bloomberg added. Reference Link
09:02 EDTMSFinancials upgraded to Overweight from Market Weight at Wells Fargo
Wells Fargo believes that financials' earnings continue to be the strongest of any sector in the S&P 500. The firm thinks that the sector's stocks appear to be breaking out from a technical standpoint. Citigroup (c) and Ameriprise Financial (AMP) are on the firm's priority list.
08:43 EDTBABoeing sees $6.9T commercial airplane market opportunity over 20 years
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08:38 EDTBABoeing affirms view of FY13 core EPS $6.10-$6.30, consensus $6.48
Repeats forecast for FY13 revenue $82B-$85B, consensus $83.86B. Says focused on additional 737 and 787 rate breaks, with expectations for rate increases to drive financial performance. Information from slides for Annual Investor Conference.
07:48 EDTMDTFDA Orthopaedic and Rehabilitation Devices Panel to hold a meeting
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07:39 EDTBAWolfe Trahan to host a conference
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May 21, 2013
14:26 EDTBABoeing volatility low into investor day
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13:02 EDTMDTMedtronic announces CE Mark for CapSureFix Novus
Medtronic announced CE Mark and launch of its CapSureFix Novus 5076 Lead, which is now approved in the EU for use in an MRI environment when paired with a Medtronic MR-Conditional pacemaker. The lead has not been approved for that use in the U.S.
11:38 EDTMDTHigh option volume stocks: KOS MWE HGG SOL MDT
10:33 EDTBABoeing confirms completion of 747-8 test flight
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09:25 EDTMDTOn The Fly: Pre-market Movers
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07:19 EDTMDTMedtronic sees FY14 EPS $3.80-$3.85, consensus $3.84
Sees FY14 revenue growth up 3%-4% on a constant currency basis.
07:17 EDTMDTMedtronic reports Q4 EPS $1.10, consensus $1.03
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